International purchases of imported automotive parts totaled US$386.9 billion in 2017.
Overall, the value of auto parts imports rose by 7.6% for all importing countries since 2013 when international purchases of auto parts were valued at $359.8 billion. Year over year, imported automotive parts appreciated by 7.9% from 2016 to 2017.
From a continental perspective, European countries accounted for the highest dollar worth of imported auto parts during 2017 with purchases valued at $179.3 billion or 46.3% of the global total. In second place were North America importers at 29.1% while 19.6% of auto parts imported worldwide was delivered to Asia. Smaller percentages arrived in Latin America excluding Mexico but including the Caribbean (3%), Africa (1.3%) and Oceania (0.7%).
The 4-digit Harmonized Tariff System code prefix for automotive parts and accessories is 8708.
Countries
Below are the 15 countries that imported the highest dollar value worth of auto parts during 2017.
- United States: US$66.6 billion (17.2% of total auto parts imports)
- Germany: $41.8 billion (10.8%)
- China: $27.1 billion (7%)
- Mexico: $25.3 billion (6.5%)
- Canada: $20.5 billion (5.3%)
- Spain: $17.3 billion (4.5%)
- United Kingdom: $16 billion (4.1%)
- France: $15.1 billion (3.9%)
- Czech Republic: $10.2 billion (2.6%)
- Italy: $8.5 billion (2.2%)
- Japan: $8.3 billion (2.1%)
- Russia: $7.94 billion (2.1%)
- Slovakia: $7.93 billion (2%)
- Belgium: $7.8 billion (2%)
- Poland: $7.4 billion (1.9%)
By value, the listed 15 countries purchased about three-quarters (74.4%) of all auto parts imported in 2017. Within parenthesis is the percentage of overall auto parts shipments for each importer.
Among the above countries, the fastest-growing markets for auto parts since 2013 were: Czech Republic (up 36.3%), Italy (up 29.6%), Poland (up 23.2%) and Mexico (up 22.8%).
Three countries posted declines in their imported auto parts purchases namely Russia (down -30.9%), Belgium (down -26.2%) and Canada (down -4.7%).
Auto Parts Imports into the United States
America’s global purchases of imported auto parts totaled US$66.6 billion in 2017. Below are the top 15 suppliers from which the U.S. imported the highest dollar value worth of auto parts during 2017. Within parenthesis is the percentage change in value for each supplying country since 2013.
- Mexico: US$23 billion (up 33.3% from 2013)
- China: $9.9 billion (up 34.4%)
- Canada: $8.9 billion (down -4.8%)
- Japan: $8.4 billion (down -7.2%)
- Germany: $4.7 billion (down -4.9%)
- South Korea: $4.1 billion (down -6.5%)
- Taiwan: $1.7 billion (up 15.9%)
- India: $1 billion (up 52.3%)
- Italy: $644.8 million (down -6.9%)
- Thailand: $463.1 million (up 88.6%)
- United Kingdom: $327.8 million (up 23.6%)
- France: $319.7 million (down -18.2%)
- Brazil: $303.6 million (down -3.5%)
- Turkey: $276.6 million (up 78%)
- Czech Republic: $271.2 million (up 19.2%)
By value, the listed 15 countries shipped 96.5% of America’s auto parts imports in 2017.
Among the above countries, the fastest-growing suppliers of auto parts to the United States since 2013 were: Thailand (up 88.6%), Turkey (up 78%), India (up 52.3%) and China (up 34.4%).
Countries that experienced declines in the value of their auto parts supplied to Chinese importers included: France (down -18.2%), Japan (down -7.2%), Italy (down -6.9%) and South Korea (down -6.5%).
Overall, the value of Czech Republic’s auto parts imports increased by an average 13.3% from all supplying countries since 2013 when auto parts purchases were valued at $58.8 billion.
Auto Parts Imports into Germany
Germany’s global purchases of imported auto parts totaled US$41.8 billion in 2017. Below are the top 15 suppliers from which Germany imported the highest dollar value worth of auto parts during 2017. Within parenthesis is the percentage change in value for each supplying country since 2013.
- Czech Republic: US$5.7 billion (up 21.6% from 2013)
- Poland: $4.9 billion (up 19.5%)
- France: $3.9 billion (up 12%)
- Romania: $3.6 billion (up 187.3%)
- Italy: $2.84 billion (down -9.8%)
- Austria: $2.81 billion (up 4.2%)
- Hungary: $2.6 billion (up 36.3%)
- Slovakia: $2.2 billion (up 28.2%)
- Spain: $1.9 billion (down -15.8%)
- China: $1.5 billion (up 80.4%)
- Japan: $1.22 billion (up 42.8%)
- United Kingdom: $1.16 billion (down -9.2%)
- Turkey: $1.1 billion (up 7.1%)
- United States: $797.7 million (up 15.6%)
- Switzerland: $669.3 million (up 22.4%)
By value, the listed 15 countries shipped 88.1% of all Germany’s imported auto parts in 2017.
Among the above countries, the fastest-growing suppliers of auto parts to Germany since 2013 were: Romania (up 187.3%), China (up 80.4%), Japan (up 42.8%) and Hungary (up 36.3%).
Three countries experienced declines in the value of their auto parts supplied to German importers namely Spain (down -15.8%), Italy (down -9.8%) and the United Kingdom (down -9.2%).
Overall, the value of Italy’s auto parts imports rose by an average 18% from all supplying countries since 2013 when auto parts purchases were valued at $35.4 billion.
Auto Parts Imports into China
China’s global purchases of imported auto parts totaled US$27.1 billion in 2017. Below are the top 15 suppliers from which China imported the highest dollar value worth of auto parts during 2017. Within parenthesis is the percentage change in value for each supplying country since 2013.
- Germany: US$8.7 billion (up 1.3% from 2013)
- Japan: $7.2 billion (down -1.1%)
- South Korea: $2.8 billion (down -17.1%)
- United States: $1.8 billion (up 69.3%)
- France: $653 million (down -3.3%)
- Mexico: $606.4 million (up 102.8%)
- Thailand: $527.9 million (up 336.4%)
- Czech Republic: $481.4 million (up 96.7%)
- Poland: $369.4 million (up 200.7%)
- Belgium: $357.5 million (up 167.6%)
- Hungary: $349.8 million (up 402.8%)
- Spain: $336.1 million (up 28.1%)
- Taiwan: $279.1 million (up 57.1%)
- United Kingdom: $260.7 million (up 74.5%)
- Austria: $247.1 million (up 71.3%)
By value, the listed 15 countries shipped 92.1% of all China’s imported auto parts in 2017.
Among the above countries, the fastest-growing suppliers of auto parts to China since 2013 were: Hungary (up 402.8%), Thailand (up 336.4%), Poland (up 200.7%) and Belgium (up 167.6%).
Three countries experienced declines in the value of their auto parts supplied to Chinese importers namely South Korea (down -17.1%), France (down -3.3%) and Japan (down -1.1%).
Overall, the value of China’s auto parts imports appreciated an average 12.1% from all supplying countries since 2013 when auto parts purchases were valued at $24.2 billion.
Auto Parts Imports into Mexico
Mexico’s global purchases of imported auto parts totaled US$25.3 billion in 2017. Below are the top 15 suppliers from which Mexico imported the highest dollar value worth of auto parts during 2017. Within parenthesis is the percentage change in value for each supplying country since 2013.
- United States: US$14.6 billion (up 10.8% from 2013)
- China: $2 billion (up 73.9%)
- Japan: $1.9 billion (up 6%)
- Germany: $1.7 billion (up 54%)
- South Korea: $1.4 billion (up 124.5%)
- Canada: $1.1 billion (up 14.6%)
- Italy: $419.7 million (up 48%)
- Thailand: $292.2 million (up 174.9%)
- India: $280.8 million (up 110.7%)
- Spain: $203.7 million (up 16.9%)
- France: $190.4 million (up 64.7%)
- Brazil: $178.2 million (down -33.7%)
- Taiwan: $155.4 million (up 14.2%)
- Czech Republic: $94.2 million (up 91.7%)
- Poland: $79.6 million (up 46.7%)
By value, the listed 15 countries shipped 97% of all Mexico’s imported auto parts in 2017.
Among the above countries, the fastest-growing suppliers of auto parts to Mexico since 2013 were: Thailand (up 174.9%), South Korea (up 124.5%), India (up 110.7%) and Czech Republic (up 91.7%).
One top country experienced a decline in the value of their auto parts supplied to Mexican importers, namely Brazil (down -33.7%).
Overall, the value of Mexico’s auto parts imports expanded by an average 22.8% from all supplying countries since 2013 when auto parts purchases were valued at $20.6 billion.
Source: worldstopexports.com